China Railway wins US$ 2.8 billion contracts

Chinese state-owned contractor China Railway Construction Corporation (CRCC) has been awarded two contracts worth a total of CNY 13.2 billion (US$ 2.38 billion) for transportation projects in the provinces of Shandong and Hebei.

The largest contract was for a CNY 10 billion (US$ 1.6 billion) project to build transport facilities…